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Polygon becomes part of the Disney Accelerator program



Polygon is the only blockchain project to become part of this year's Disney's Accelerator program.


The Walt Disney Company recently announced the participants of the 2022 Disney Accelerator program . Polygon , a Layer 2 network on the Ethereum blockchain, earned a spot on the company's notable list.


The business development program is designed to accelerate the growth of innovative and disruptive businesses around the world. The focus of the 2022 selection is on companies looking to create immersive experiences using artificial intelligence (AI), non-fungible tokens (NFTs), or augmented reality (AR).


Polygon is represented alongside five other companies. These include Red 6, Obsess, an e-commerce platform that allows companies to create 3D shops for their website, and Lockerverse, a Web3 startup that wants to push the boundaries of storytelling.


Other participants in the program include Flickplay, a company that enables users to find NFTs in the real world using augmented reality (AR) and Inworld, a company that uses AI to create dynamic characters for games.


In a press release, Disney said participants group members will receive their own executive mentor and "support from Disney's senior leadership team." Participants will conclude the mentorship with a presentation day at Walt Disney Studios.


Bonnie Rosen, general manager of the Disney Accelerator program, said they are proud to be part of the legacy of using technology to improve the entertainment industry and look forward to sharing the commitment to innovation “with the newest class of companies to promote".

Polygon CEO Ryan Wyatt was thrilled after the announcement, stating on Twitter , “ The achievements for the company continue. It speaks volumes about the work we do and where we are going as a company. "


Previously, Polygon had signed a deal with popular social network Reddit to host the platform 's NFT avatars . Reddit explained that it chose Polygon because of its “ low cost transactions and stability guarantees ”.


In addition, Polygon saves numerous projects of the failed Terra ecosystem, as we previously reported . Polygon set up a multi-million dollar crypto fund for this purpose. At the time of writing this article, around 50 projects have migrated from the Terra blockchain to the Polygon ecosystem.


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